What can go wrong
This page exists because the rate on a deal card is the best case. Read it before you fund anything. If any of it is unclear, ask us at invest@altvest.app or take independent advice.
Read this before you invest
Invoice discounting is not a savings product. Your money is lent against a single receivable for a fixed period, it cannot be withdrawn early, and it is not covered by any deposit guarantee. The advertised rate is what you earn if the obligor pays in full on the due date. If they pay late you earn the same amount later, and if they do not pay you can lose part or all of your capital. Read the full risk disclosure →
The eight that matter
The obligor does not pay
The buyer becomes insolvent, disputes the invoice or simply refuses. This is the main risk in the product, and it can result in the loss of all capital committed to that invoice.
The obligor pays late
Common in GCC corporate and government payment cycles. Your capital stays committed past the expected date and your realised annualised return falls, even where you are eventually paid in full.
Recourse fails
Where a deal has recourse, the supplier must buy the receivable back if the obligor does not pay. A supplier under stress may be unable to. Recourse improves recovery odds; it does not assure them.
Dilution and set-off
The buyer may reduce what it owes for credit notes, warranty claims, retentions or amounts the supplier owes it. The receivable you funded can shrink for reasons unrelated to the buyer's credit.
Fraud
Fabricated invoices, invoices already financed elsewhere, or collusion between supplier and buyer. We verify documents, confirm acceptance with obligors and check for double financing, but verification is not proof.
No liquidity
There is no secondary market. Once funded you cannot exit before the due date for any reason, including a change in your circumstances.
Legal and enforcement
Assignment may be restricted by the underlying contract, and enforcement across GCC jurisdictions takes time and money. Recovery costs are deducted from amounts recovered before investors are paid.
Platform risk
If Altvest ceased to operate, collection and distribution would be disrupted even though your claim on the receivable is direct. Our run-off arrangements are described in the investor agreement.
The recovery sequence
Set out in advance so you know exactly what happens, and in what order, before it happens.
Notified
Escalated
Recourse called
Recovery
Distribution
Product limits
| Not a deposit | No bank guarantee and no deposit protection scheme applies. Altvest is not a bank. |
| Not capital protected | Nothing in the structure returns your principal if the receivable is not paid. |
| Returns are pre-tax | Tax treatment depends on your residence and status. We do not withhold or advise. |
| Currency | Deals are denominated in AED or USD. If you convert from another currency you carry that risk. The AED is pegged to the USD, but a peg is policy, not a guarantee. |
| Concentration | Funding one large ticket into one invoice is the single most common mistake investors make on this platform. |
| Past performance | Historical settlement statistics describe deals that have closed. They say nothing about the ones you are considering. |
Still want to invest?
Good. That is the right order to do it in. Open an account and start with one short-tenor invoice at the minimum ticket.